Mr. Patrick Levasseur reports
BEAUCE GOLD FIELDS CLOSING A NON-BROKERED PRIVATE PLACEMENT
Beauce Gold Fields Inc. is closing a non-brokered private placement of 19,132,600 units at four cents per unit for gross proceeds of $765,304.
The placement was announced Sept. 17, 2025, and the placement was open for participation by existing shareholders of Beauce Gold Fields as of the record closing date of Sept. 16, 2025, who wish to participate in the placement based on the existing shareholder exemption offered under Canadian securities laws. The subscriptions by existing shareholders exceeded the required minimum and accounted for $376,304, the balance of the placement representing $389,000 having been subscribed to by accredited investors.
Each unit will comprise one common share and one common share purchase warrant of the company, which will entitle the holder thereof to purchase one common share of the capital stock of the company at a price of 10 cents for a period of 24 months from the date of closing of the placement. Securities issued under the placement are subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws. The placement is subject to standard regulatory approvals, including the approval of the TSX Venture Exchange. The proceeds of the placement will be used: (i) to finance exploration; and (ii) for general corporate purposes.
In connection with the placement, the company will pay finders' fees of $800 to Canaccord Genuity Corp of Vancouver, B.C., and $51,300 to EMD Financial Inc. of Montreal, Que. It will also issue 16,000 warrants to Canaccord Genuity and 1,026,000 warrants to EMD Financial. The warrants will entitle the agents to purchase one common share of the capital stock of the company at a price of 10 cents for a period of 24 months from the date of closing of the placement. All shares issued on the warrants exercise are subject to a four-month-and-one-day hold period from the date of closing of the placement.
The company will use the minimum proceeds, as well as the maximum proceeds from the private placement,
for general working capital and for exploration of its gold and phosphate properties.
No more than 10 per cent of the proceeds of the placement can be used for investor relations activities. No amount of the proceeds of the placement is for payments to non-arm's-length parties of the company nor for payments to persons conducting investor relations activities.
About Beauce Gold Fields Inc.
Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America. The company's objective is to trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits. The company's flagship property is the Saint-Simon-les-Mines gold project, site of Canada's first gold rush that predates the Yukon Klondike. The Beauce region hosted some of the largest historical placer gold mines in eastern North America that were active from 1860s to the 1960s. It produced some of the largest gold
nuggets in Canadian mining history (50-plus ounces).
Beauce Gold Fields
is currently drilling recently discovered anti-form systems that are believed to have contributed to
the development of extensive auriferous placer deposits in Beauce. The company's geological model suggests
that placer gold within the Beauce gold paleochannel, including the renowned large nuggets from the 19th century, formed in stressed quartz pockets within layered domed axis of anti-forms and exemplified by Saddle Reef formations. Notable global Saddle Reef formations include the
Bendigo
goldfields in Australia (over 60 million ounces) and the high-grade Dufferin deposit in Nova Scotia.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.